http://www.askmehelpdesk.com en Sat, 21 Nov 2009 19:26:35 GMT vBulletin 60 http://www.askmehelpdesk.com/amhd_imgs/misc/rss.jpg http://www.askmehelpdesk.com http://www.askmehelpdesk.com/economics/suppose-price-apples-rises-3-a-417570.html Thu, 19 Nov 2009 21:22:38 GMT Suppose the price of apples rises from $3 a pound to $3.50 and your consumption of apples drops from 35 pounds of apples a month to 20 pounds of apples. Calculate your price elasticity of demand of apples. What can you say about your price elasticity of demand of apples? Is it Elastic, Inelastic,... Suppose the price of apples rises from $3 a pound to $3.50 and your consumption of apples drops from 35 pounds of apples a month to 20 pounds of apples. Calculate your price elasticity of demand of apples. What can you say about your price elasticity of demand of apples? Is it Elastic, Inelastic, or Unitary Elastic? ]]> Economics yoda12304 http://www.askmehelpdesk.com/economics/suppose-price-apples-rises-3-a-417570.html